May has been a busy month for the corporate entity Caesars Entertainment. You can see all of the press releases here but I’ll try to share the interesting information in easily digestible bites. Let’s roll!
This week will be a bit different format for Vegas News. The article begins linking to another story because you love parking and jumps right into rumors. There was so much news last week that I’m just giving a bunch of quick hits for you to read directly from the sources.
Caesars begins charging for Vegas parking, Oakland Raiders receive approval to move to Las Vegas, Skill Based Gaming at Planet Hollywood + Only In Vegas.
Average Daily Hotel Room Prices In Las Vegas Break Record. The average daily room rate is the average of all Las Vegas hotels from every day of the week and does not include resort fees, parking fees, or taxes. So, while a midweek room in downtown Las Vegas might have been $30, a hotel room during CES on the Vegas Strip might have cost $270. Together the prices of the hotel rooms averaged $150 each.
The first weekend of March Madness is one of the best weekends of the year in Las Vegas for a sports fan. If you’ve graduated from college recently, it’s probably the very best weekend of the year in Las Vegas
It was a good news/bad news week for the many people who prefer Caesars and Total Rewards casinos in Las Vegas. The casino operator reported earnings last week and had some interesting information to share. After reporting earnings I found, even more, information from Caesars Entertainment. That information wasn’t “interesting” but it you should hear it anyway. Let’s start with the good news.
Las Vegas has evolved in ways that you would have never expected 10 years ago. Restaurants and dining are now generating almost the same amount of revenue for casino operators as gaming. Today, the action in Las Vegas takes place in more locations than just casinos.
I don’t know about you, but one of the best feelings I’ve had in Las Vegas was seeing all of the slot machines as soon as I walked off the airplane at McCarran Airport. Most of the slot machines just sat there quietly. However, there was one slot machine that would actually greet the visitors. The chants of “Wheel. Of. Fortune” would be ingrained in my head before even getting to the baggage carousel.
Earlier this year we reported that the Monte Carlo would be renovated to become Park MGM with a boutique hotel named NoMad Las Vegas. The transformation into Park MGM is scheduled to be completed sometime in 2018.
In all my years visiting and living in Las Vegas, I’ve only seen a handful of shows. When I think